I bet you thought the market was gonna go up forever, eh? As I sit here, sipping on a monstrous sized mug of coffee, I laugh at Europe. I laugh at them because they are gay, stupid and entirely helpless to the wolf pack seeking their blood. You can say all you want, but at the end of the day, they have yet to implement austerity measures, nor have they raised the capital required to backstop PiiGS.
The bailout will fail because it’s too late.
As an aside, China is staring down the barrel of “fucked up” inflation, thanks in large part to their fraudulent banking system. Don’t look now, but the Chinese will make 22% less loans in 2010 and make drastic cut backs in telco spending. Nevertheless, no one wants to talk about “suchness,” as Mrs. Fly likes to say. You clam-fuckers are obsessed with inflation and how it pertains to your gold bricks. Let me be the first to tell you, deflation on a tragic scale lurks in the background, hidden behind heinous accounting fraud at the banks.
How do we trade such tragedies?
Answer: rub some [[VXX]] on your chest and pair that with some longs.
To be clear: I think the market should be 1,000 points lower from where we trade now. However, I am fully awake to the fact that the markets are being manipulated higher. So, with that in mind, I’ve decided to forgo the “big win,” in exchange for steady, eddy winship. If I can accomplish a 25% gain for 2010, I will be content.
In closing, the euro is falling and gold is a safe haven. Run for the fucking hills, Jack, or get toasted.
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This iphone app rules donkey barns
Dude you are depressing. Cramer gave the all clear! Buy buy buy!
Dont ban vkng! True he is annoying as heck, but its fun to read how crazy he gets you fly. Ha! Market close to positive also. Maybe he pulls the trigger for the market manipulators
Kettle curls are for metro sexuals
Come to think of it, so is Europe.
Why doesn’t America just “rodeo” up all our illegal immigrants and “air drop” them onto the Acropolis. Then have all those new natives work the customarily 12 hour work days, that should show all those lazy un-a-brow’s how to jump start their stupid self entitled work force….AND at the very least America’s 18% of the IMF funds will go to solving one of our problems for once….
Second!
25% is not enough for her “suchness”
My personal account does much more than that.
Europe betting against itself
http://www.zerohedge.com/article/european-banks-now-feverishly-betting-against-euro-bailout-fails-gold-surges
Best article in a while.
Wow, talk about laying your balls on the line. This plan seems to rely on central banks having compassion.
This market sucks ass. Its not safe to short, and now its not safe to go long. Nothing is even a remotely good idea.
How about rubbing some VXX on your chest?
Gotta be quick because it vaporizes fast.
nice.
If I want a false sense of menthol warmth in my chest, I’ll smoke a pack and a hey of KOOLs.
________
How about some refreshing Morolboro’s (MO)?
Put some VXX under your nose and sleep like a poisoned baby.
The DOW will go positive in the next hour
Ooh, ballsy call. I will hold you to that, AND MORE.
If we are not green by 10:33, you’re banned—yet again!!
And if it is …i want Cain Thaler banned…and a case of muscle milk
No deal
Kindly do not speak my name.
HA!
Fly:
The ECB has basically said they’ll buy the shitty bonds which is really the most important part of the package. IS that similar to what the Fed has done?
Euro land banks are under capitalized. They need to go to market. They might stave off a run on their sovereign debt, but equities should suffer.
Remember, when the Fed started their quantitative easing, we were like 4,000 points lower.
Yea true…
The prophecies of the VKING looks pretty good right now.
The V.King just bought 9500 BAX
I ain’t afraid a’ no ghose (sic)!
_______
The prophecies of the VKING are fading. So sorry.
The Euro bailout, and our bailout will fail for the same reason. We are trying to do this painlessly– by printing money essentially. Give people a worthless government desk to sit at and get a paycheck of invented money. It will work for a while….
Fly et al, FXP? I think gold is setting up for a “flight to safety” sky blast before the deflation realities set in and all comes crumbling down. My .02.
How much evidence do you need that Bernanke (et al) have one simple default and this is “no deflation?” *
When nothing backs your fiat, and you own printing presses, you can make deflation a non-factor.
_____________
*(Read up about Bernanke, he took one big lesson from his study of the Great Depression — inflation is better than deflation.)
________
Even still, he can print all he wants, if money isn’t getting into the system, it is simply plugging holes.
But if it plugs enough holes, the basin will eventually fill up… and overflow, no?
________
Yes. The problem with the sovereign debt crisis is the transparency. Banks cannot hide those losses.
THE VKING PROPHECIES ARE ALIVE, AGAIN!!
false alarm, so sorry.
I see a group of unknowning people being slapped by a slice of pastrami in the near future.
What then has been happening over the past week? Were they getting slapped with hot slices of pizza?
yes, last week was pizza week.
t minus 26 minutes until VKINGS 3rd banning.
We are getting very efficient at banning the VKING.
Fly – not sure what you guys are doing, but the site has been jacked up with the ad placements the last few days. I get that you’re pushing the ads within your content blocks, but I’m viewing it on Safari and Firefox and Jake’s posted image is now being blocked by the ad.
We are trying something out for a week. I will have a look.
Thanks for pointing that out. I will have it fixed.
Any time.
speaking of inflation, for those of you not aware of how companies will work the system, and are doing it now, to raise prices without raising prices, they are all, across the board, reducing the sizes of their products, either by weight or volume and charging the same price.
For example, people go to the store, see Folgers coffee at 9.97 a tub, the tub was 2lb. 1.9oz. the next time they go, the tub is still 9.97 but now is 1lb. 13oz.
A certain bar of soap was 1.99 per bar and weighed 4.6oz, now it is still 1.99 but now weighs 4.0oz.
These size reductions are slight and are not meant to be noticed by the eye.
It’s the old “put one less olive in the jar” trick. and they will never know.
carry on.
They’ve been mucking about w. volumes forever. It also goes the other way, for promotional purposes.
Candy bars are the ones that have most noticeably shrunk… and in a serendipitous move for the candy co’s as smaller bars mean less calories, and therefore, no hit to demand.
Odd how culture and commerce intercept, no?
____
Perhaps a late minute run to save the VKING?
t minus 19 minutes until his 3rd banning.
FALSE ALARM, yet again.
The VKING certainly is making the first hour of trading exciting.
I say give him til “High Noon” like Gary Cooper.
______
.sort of like being in the Matrix….Fly, why don’t most see it?
t minus 6
are you going to show mercy to those who don’t own time machines?
Ironically, the only thing the V.King can’t lift are stock indexes.
You need a tab.
Sugar continues to trade down, SGG.
Unreal
t minus 3.
RW Pelican is prepared to take action.
http://new.music.yahoo.com/kid-rock/videos/view/amen–205754229
Bye for now…….
I am afraid to rub VXX on my chest at these lofty prices